DLZ is a fully decentralized crypto payment ecosystem. It is the cryptocurrency that, in its implementation, matches consumers payment requests and token buyers purchase requests through a decision network, while establishing secure and efficient payment channels via the underlying network. The merchant side completes the function of fiat currency settlement for consumers on behalf of token buyers through acquirers, and by incorporating local acquirers and large chain merchants, it constructs a virtuous closed-loop payment ecosystem.
It achieves real-time settlement for merchants and faster transactions with lower fees for users, integrating cryptocurrencies into peoples daily lives. It solves the problem of increasingly slower cryptocurrency transfers, higher transaction fees, and difficulties with micro-payments.
The payment channels built based on smart contracts have strict restrictions on the destination of funds. Users balances are held within these channels and cannot be stolen by third parties even if attacked, ensuring maximum protection of funds.